USD/JPY Technical Analysis October 27, 2011
USD/JPY fell on Wednesday, and then bounced in the US afternoon. As a result, we have a hammer for the day – the second one in a row. There is talk of possible intervention in the pair...
Author: FX Empire
EUR/USD Technical Analysis October 27, 2011
The EUR/USD pair had a wild day with the EU summit coming to a close, there was back and forth trading, and at the New York close, there were only rumors to trade off of.
USD/CAD Technical Analysis October 26, 2011
The USD/CAD pair bounced hard from the parity level on Tuesday, an area that we have mentioned several times over the last week or two. The area offered support, and was urged on by the Bank of...
AUD/USD Technical Analysis October 26, 2011
AUD/USD fell during the Tuesday session after trying to break through the 1.05 level. The area is significant resistance, and showed it during the session. With the issues in Europe taking the headlines, this pair will certainly...
USD/CHF Technical Analysis October 26, 2011
The USD/CHF pair has fallen again on Tuesday. The pair continues to drift lower, as traders are starting to test the will of the Swiss National Bank. The SNB is trying to keep the Franc weaker, and...
GBP/USD Technical Analysis October 26, 2011
GBP/USD had a wide range during the Tuesday session, and ended up printing a doji for the day. The candle is right at the 1.60 level, and the 61.8% Fibonacci retrace as well.
USD/JPY Technical Analysis October 26, 2011
USD/JPY fell on Tuesday, but bounced later in the session to form a hammer for the day. The Bank of Japan has been jawboning this pair quite a bit over the last couple of days, and many...
EUR/USD Technical Analysis October 26, 2011
The EUR/USD pair found itself in a range during the Tuesday session, but ultimately ended up being slightly negative. The upcoming summit today in the EU should continue to drive the pair and its future direction.
USD/CAD Technical Analysis October 25, 2011
USD/CAD fell on Monday as traders sold the Dollar around the world. The oil markets also managed to break above the $90 mark, and this was massive resistance. The demand for oil could and should push the...
AUD/USD Technical Analysis October 25, 2011
The AUD/USD slammed into the 1.05 level on Monday, and pulled back slightly. The area proved to be massively resistive, but the candle is closing towards the very top of the range, which is always a bullish...